‘NNPC has 1.1b litres stock’

11 June 2015, Lagos – The Nigerian National Petroleum Corporation (NNPC) on Thursday said its subsidiary – the Pipelines and Products Marketing Company (PPMC) presently has a stock level of 1.1billion litres, representing 27 days sufficiency.

It stressed that the stock excludes volumes with confirmed delivery dates within the next couple of days.

The NNPC Group Managing Director, Dr. Joseph Dawha, said the corporation has expressed its readiness to work with all relevant stakeholders in the downstream sector of the oil and gas industry to bring to end the lingering fuel scarcity across the country.

A statement issued by the corporation’s Group General Manager, Group Public Affairs Division, Mr. Ohi Alegbe, said the NNPC boss made the disclosure during a tour of some filling stations in Abuja with some top management staff of the corporation.

Dawha noted that NNPC as supplier of last resort has improved availability of premium motor spirit otherwise known as petrol in the country and would ensure effective distribution of the product nationwide.


– The Nation

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